51 billion to be spent on aging water pipes
Large planned investment to replace deteriorated water pipelines could improve reliability of water supply infrastructure.
Source →The trace
How it reaches your house.
Starting from Water infrastructure supplies, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Water infrastructure supplies →Stands to benefitDuctile iron pipe and fittings (DIP)
Large pipe-replacement spending should increase demand for ductile iron pipe and fittings, a critical water-infrastructure input.
90% confidenceHDPE pipe for water transmission and directional drilling →Stands to benefitMexico accounts for 41% of supply of this input, so higher replacement demand should disproportionately benefit producers there.
90% confidenceHDPE pipe for water transmission and directional drilling →Stands to benefitCanada supplies 38.2% of this input, so a spending surge should materially benefit Canadian suppliers.
Hop 2
Resilient-wedge gate valves and fire hydrants →Stands to benefitLarge-scale pipe replacement should lift demand for resilient-wedge gate valves and fire hydrants, and Mueller's 52% share makes it the clearest beneficiary.
86% confidencePerformance Pipe (Chevron Phillips Chemical) →Prices riseHDPE pipe for water transmission and directional drilling
A large water-pipe replacement program should raise demand for Performance Pipe's direct water-transmission HDPE line, putting upward pressure on its price/orders.
81% confidenceResilient-wedge gate valves and fire hydrants →Stands to benefit
Where it lands
What you buy, and what you own.
Goods you buy
Water infrastructure supplies
Companies you may own
JM EagleMcWane Inc. (Manchester Tank)Performance Pipe (Chevron Phillips Chemical)WMSWL PlasticsAmerican Cast Iron Pipe Company (ACIPCO)Astral PipesXinxing Ductile Iron Pipes Co., Ltd.Westlake Chemical CorporationSaint-Gobain PAMMWAMcWane Inc.ELFAVK International A/SWatts Water TechnologiesHBBNIBCO Inc.MTDROSTFERG
Tap a company to see what it told the SEC could break it.
In the MyPRIA app, this is checked against your own holdings.